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AGENCY TESTIMONY
SBS fiscal year 2026 preliminary budget breakdown
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60 sec
The SBS FY 2026 preliminary budget stands at $182.1 million, with a significant portion allocated as pass-through funding for other city entities.
- 40% ($73.2 million) is pass-through funding for entities like NYC Economic Development Corporation, NYC Tourism and Conventions, and the Trust for Governors Island
- The remaining $108.9 million funds SBS's core programming delivered by four main divisions
Dynishal Gross
0:06:27
SBS's FY twenty six preliminary budget stands at $182,100,000.
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Approximately 40% or $73,200,000 represents pass through funding for other city entities including the New York City Economic Development Corporation at 38,700,000.0, NYC Tourism and Conventions at 18,600,000.0, and the Trust for Governors Island at $15,800,000.
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As a conduit for these entities SBS does not manage or spend any of these funds.
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The remaining $108,900,000 includes SBS's core programming primarily delivered by our four programmatic divisions, the division of business services, the division of economic and financial opportunity, the neighborhood development division, and the division of citywide workforce opportunity.